Declining Balance PO

Virginia Commonwealth University awarded a contract to Airgas USA LLC on August 27, 2026, with a cumulative contract value of $2,000.00. The contracting organization, VCU Procurement, is the designated delivery point for this award in Virginia. The contract encompasses a single line item for a declining balance purchase order arrangement with a unit price of $2,000.00 for one each.

The contract appears to establish a purchase order mechanism allowing Virginia Commonwealth University to procure industrial gases and related products from Airgas USA LLC on a declining balance basis, whereby the contractor fulfills requests against the awarded amount until funds are exhausted. While specific performance dates are not detailed in the available documentation, the award date of August 27, 2026, represents the contract commencement. The exact scope of products and services available under this declining balance arrangement cannot be fully determined from the provided materials, though Airgas USA LLC's business operations suggest availability of compressed gases and welding supplies typical to their service offerings.